"We continue to be impressed with the richness of MetricStream's SOX solution and their ability to help deploy the solution in such a short timeframe."
“For the first time the company had a complete inventory of the organization’s risk. That helped us recognize early on that MetricStream solution is well conceived and tremendously efficient.”
"MetricStream's platform provides a strategic foundation with specific solutions that enable Fairchild to achieve our near-term quality improvement objectives."
"There has been increased public pressure to improve governance and improve regulation -- even the regulators are being regulated."
"The benefits of using MetricStream are that everything is in one system; everything has a single taxonomy. We have combined all our risk definitions in one central occasion, so that it’s easy to report on and people know what a high-risk issue is."
"The standardization and driving through common platform and common reporting was probably the biggest transformation across the organization."
"Embarking on a GRC program was really about delivering value and making sure we are not spending resources unnecessarily. We also wanted to enable the different lines of defense to deliver on their individual accountability."
“Quality of service and a commitment to continuous improvement distinguish our organization in the marketplace. Critical initiatives, such as the MetricStream implementation, enhance the organization’s ability to anticipate and respond to the constantly changing environment in which we operate. Enhancing our quality management system with the MetricStream platform has improved cycle times for our clients, as well as reduced regulatory liabilities, risks, and costs for us and our clients.”
"With the MetricStream solution, the bank can effectively aggregate and monitor compliance risks at the enterprise level."
"As we position our company for the future, we recognize the need for an integrated view of risks and controls. We conducted in-depth assessments of various vendors and products, and are delighted to name MetricStream as our partner. We think they offer a product that represents a best in class offering and is consistent with our objective to be one of America's great community banks."
"What we really needed was a single view of risk to share with board directors and line-level managers."
“GRC initiative requires building a roadmap for audit, risk and compliance to increase business performance.”
“With MetricStream Solution, we achieve superior compliance with the multitude of standards that we are required to follow most stringently, NERC being the most prominent one among these. With advanced functionalities and robust architecture, MetricStream’s platform is capable of completely supporting our complex NERC compliance frameworks, documentation workflows, and steep reporting demands.”
"With a deluge of threats targeting internet infrastructures, achieving regulatory compliance was critical to us. We were looking for a solution that could serve as the basis of our SOX compliance initiatives and provide a comprehensive platform to manage financial and nonfinancial controls."
“Prior to moving to MetricStream, it generally took 1-2 weeks to get the management report ready. By streamlining the process in Metricstream, utilizing inherent workflow around approvals and rejections, and modifying our existing landing page to incorporate that particular report directly for our issue users, we have reduced the timeframe from 1-2 weeks to 1-2 hours.”